Completing the venture opportunity screening exercises

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Reference no: EM1399633

What is the usual criteria for deciding who on the venture team will complete the Venture Opportunity Screening Exercises?

Choose one answer.
a. The member with the most expertise
b. The team leader
c. Each member should complete their own VOSE
d. The member with the most time

Equal salaries and stock ownership in a plan point to naive assumptions about tasks, roles, and responsibilities.

Answer:TrueFalse
The entrepreneurial team should designate one individual (often the person with the most free time) to complete the VOSE and present those findings to the group.

Answer:TrueFalse
Completing the Venture Opportunity Screening Exercises is designed to clear up the uncertainties and risks associated with that venture concept.

Answer:TrueFalse
The ability to quickly and efficiently reject ideas is a very important entrepreneurial mindset.

Answer:TrueFalse
What do Federal Express and Cingular Wireless have in common with regard to how those opportunities came about?

Choose one answer.
a. Fragmented industries
b. Early venture capital commitment
c. Entrepreneurial leadership
d. Regulatory changes

Reference no: EM1399633

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